22 Quotes by Douglas Porter

The thing about the quarterly figures is they're more driven by what took place at the end of the previous quarter and the start of the current quarter than what happened at end of the current quarter. These numbers tell us spending had a little more momentum heading into 2003 than the quarterly figures would indicate.

This points out that the labor market remains as tight as ever.

There really can be little debate now that Western Canada is already experiencing the closest thing to full employment in over three decades, with the jobless rate west of Ontario just barely above four per cent.

The renewed and rapid rise in the Canadian dollar may ultimately do much of (the) tightening for the bank, but we look for at least one more rate hike this year.

They're getting close to the end of tightening.

At least one spooky theme behind these moves has been mounting concern that the latest spike in energy prices will cascade into other costs and prices, drive up inflation expectations and force the Fed to be even more fearsome than expected in its tightening campaign,

It's a red flag. Any time the nation's largest retailer stumbles a bit, it's a warning sign.

Foreign private investors remain solid buyers of U.S. securities, providing important support for the U.S. dollar, even in the face of record current account deficits.

Forecasts of parity (with the U.S. dollar) are multiplying faster than bunny rabbits in May.